Real Estate
Olive 8 Sales Pick Up
Condo sales at Olive 8 have picked-up momentum in May; overall there’s been 25 sales since the beginning of the year.
New Search Features – Open Houses and Sold
We’ve improved our condo search features with open house, sold properties and better short sale and school search options.
Historic Mortgage Interest Rates
Mortgage interest rates are at a year-to-date low, the lowest in 20 years. Plus, Wells Fargo offers a 3% down no mortgage insurance program.
Seattle Condo Project Updates and Events
Events at Hjarta and 1521 Second this weekend; updates for Bellevue Towers, Escala and One Main Street.
April 2011 Seattle Condo Market Report
Seattle’s median condo sales price rose slightly in April; pending and closed sales activity remain brisk.
More land use activity
The folks at the Seattle DPD must be working overtime – a 40-story Belltown tower gains conditional approval, plus design review meetings for an artist lofts project and more apartments.
Resale Certificate Fee Cap Increased
The fee cap for condo Resale Certificates in Washington State to increase 83%.
Four Seasons staves off financial turmoil
The Four Seasons Private Residences restructures it debt amid stagnate sales while 1521 Second closes more units and is now 80% sold.
Condo and Land Use Updates
Land Use application filed for Hjarta Condo phase 2, Trace North and Trace Lofts are closing out, Harborside Condos offering steep price reductions.
Seattle Condo Market Update – March 2011
Seattle’s median sales price declined 7.9% to $268,000, though condo sales are on the rise shifting back to towards normalized market conditions.
